Public hearings into Eskom’s proposed tariff hike underway
The power utility wants to recover almost R23 billion spent during the 2013/14 financial year.
CAPE TOWN - Public hearings into Eskom's request for a tariff hike have begun in Cape Town.
The power utility wants to recover almost R23 billion.
Eskom says the R22.8 billion it wants to recoup was spent during the 2013/14 financial year.
Spokesperson Khulu Phasiwe says the money was mainly used to avoid or minimise load-shedding.
"The regulator will check if we've prudently used their money and if satisfied we'll get the money back."
The National Energy Regulator of South Africa (Nersa) is expected to make a decision on whether or not to allow Eskom to hike its tariffs by late February.